US Federal Reserve Governor Lael Brainard, At The Institute Of International Bankers Annual Washington Conference, Washington, D.C., March 7, 2016, An Update On The Outlook, Liquidity, And Resilience

This is a fitting moment to take stock of economic and financial developments, following a volatile start to the year. I will begin by reviewing the outlook, then provide a brief recap of how financial market liquidity has fared, and finish by commenting on the resilience and resolvability of the large interconnected banks.¹